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ICICI Bank Emeralde Credit Card

by Kshitiz V Sharma on

The Bottom Line

ICICI Bank Emeralde Credit Card
High Fee, Low Rewards, Great Lounge & Golf Privileges

4 reward points / ₹100 on all spending and 1 point on insurance & utilities. Unlimited lounge access. 4 Golf games / month.

Monthly Spend ₹5K ₹10K ₹20K ₹50K ₹100K
Net Reward Yield -19.3% -9.2% -4.1% -1.1% -0.1%
Est. Monthly Reward (₹) (965) (920) (825) (540) (60)
All-India Rewards Rank* 380 380 380 380 379
Within Bank Rank* 40 40 40 40 40
* Based on est. net reward yield for nearly 400 credit cards in India, for each monthly spending level. Read about how we calculate the net reward yield here.

^The negative figure means at this level of monthly spends, the rewards earned in a year will be worth less than the annual fee.

The ICICI Bank Emeralde Credit Card gives 1% effective reward on all spending, except for utilities & insurance payments which earn 0.25%.

The Emeralde has a very high annual fee of ₹12,000, because of which we do not see positive net reward yield with this card even at monthly spending level of ₹1 lacs+.

However, the Emeralde offers unlimited domestic and international airport lounge access as well unlimited spa access domestically. This card also comes with up to 4 complimentary visits to many golf courses domestically. So this card may be useful for people traveling very frequently or for Golfers.

So if lounge access or Golf are important to you, this card may work but it doesn’t make sense as a rewards card.

The Mine Credit Card is the best credit card from ICICI Bank for most people.

Sign up for the PRO 49 plan if you are spending less than ₹20,000 a month on your card. The PREMIUM 149 plan is best if you are spending between ₹20,000 – 50,000.

You can earn a net reward yield of 1.4-1.8% on all your spending with this credit card.

If you are spending more than ₹50,000 a month on your card, the Amazon Pay ICICI Bank Credit Card is the best option from ICICI Bank. We estimate you can earn a net reward yield of 1.2% with this card.

Our list of the best credit cards in India, at every spending level and from every bank, is here. You can find a detailed discussion of our methodology here.

The Rewards

Card ICICI Bank Emeralde Credit Card
Card Type Reward
Reward Features 4 Reward Points / ₹100 on all spending

1 Reward points / ₹100 on:
– Insurance
– Utilities

Milestone Rewards Nil
Other Rewards – Unlimited Complimentary Domestic and International Airport Lounge Visits / Qtr

– ₹750 off on second movie tickets on BookMyShow ( Max. 4 tickets /mth.)

– 15% off on dining under the Culinary Treats program

– 4 Golf Rounds / mth.

– Unlimited Complimentary Spa at Domestic Airports

Rewards Redemption Fee ₹99
Reward Caps Unlimited
Preferred Redemption Method Cashback against statement balance

Fees & Charges

Card ICICI Bank Emeralde Credit Card
Joining Fee ₹12,000 + Taxes
Annual Fee ₹12,000 + Taxes
Min. Annual Credit Card Spend
for Fee Waiver
₹15 Lacs
Income Criteria Salaried ₹3 Lacs p.m.
Self-employed ITR>₹30 Lacs
Supplementary Card Fee Free
Interest Rate 40.80% p.a.
Foreign Currency Markup 1.50%
Cash Advance Charge Nil
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